Artificial Intelligence Planning Procurement 
Smart Data Collective
DECEMBER 20, 2022
The problem of pricing visibility for SAAS companies offering artificial intelligence services. Rising prices make it more important than ever for AI software buyers to track down the best value plans for their organization. There are a lot of benefits and risks of using artificial intelligence.
Timo Elliott
APRIL 23, 2024
I recently got the chance to do an AI overview session for a group of procurement specialists, so here are some thoughts on some of the topics we touched upon. First, procurement is hard! The good news is that artificial intelligence can help. The good news is that artificial intelligence can help.
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Timo Elliott
FEBRUARY 1, 2022
With SAP, Roche used the predictive planning capabilities offered by the SAP Analytics Cloud solution, and implemented S/4HANA, allowing years of historical data to be leveraged to enable more accurate and harmonized forecasting in a matter of hours rather than weeks. They were also to reduce their supplier onboarding times by over 40%.
Smart Data Collective
DECEMBER 23, 2019
Have a plan for how your business should be handling contracts. Machine learning can help you understand the scope of your existing contracts and develop a plan to organize them better. While we’re planning, setting up a standard process can help a bit with streamlining. a more streamlined processes. less spent time.
CMW Lab Blog
MARCH 13, 2025
According to a recent report by Forrester, organizations that have successfully implemented VMA solutions have seen a 15-25% reduction in procurement costs and a significant improvement in vendor performance metrics, such as on-time delivery and quality. Ask for detailed presentations and pilot projects to evaluate the offerings.
Smart Data Collective
MARCH 27, 2023
The dashboard streamlined their business trading and procurement process. Planning out an expansion. Banks and other financial institutions are combining AI with other technologies to transform their business models. For example, Infosys helped an Australian bank predict demand, consumption, and price for trading companies.
Astera
JANUARY 1, 2025
Processes line-item data from invoices with known layouts, streamlining procurement processes. Pricing: Docparser provides four pricing plans: Starter, Professional, and Business with set prices, plus an Enterprise plan that requires a custom quote. Organizations can choose a plan that aligns with their requirements.
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